May 29, 2020

PALECO subjected to heavy flak

By Andrio Atienza – May 27, 2020 03:30 AM from Daily Tribune Power distributor Palawan Electric Cooperative (PALECO) was bombarded by complaints from member-consumers on what they term as misleading electric bills during the quarantine period. At the regular session […]
May 29, 2020

Power rate likely to rise starting June

By Alena Mae S. Flores – May 28, 2020 at 09:10 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines assured the public of sufficient power supply to meet the expected increase in demand in June as government […]
May 28, 2020

Rural co-ops seek force-majeure relief from power contracts

By Adam J. Ang – May 27, 2020 | 8:43 pm from Business World RURAL power utilities are asking the Energy Regulatory Commission (ERC) to ease their obligations under power contracts entered into with generating companies, while promising to provide […]
May 28, 2020

US firm buys FGen stake for ₱7.285 B

By Myrna M. Velasco – May 27, 2020, 10:00 PM from Manila Bulletin New York Stock Exchange-listed KKR & Co., Inc. will be acquiring the common shares of First Gen Corporation with a premium at ₱22.50 per share – and […]